Guide price
£385,000
(£175.00/sq. ft)
Retail premises for saleFranchised Restaurant Business Sale, Enfield, London EN1
2,200 sq. ft
Business
About this property
New Listing
Established Business
Business Sale
20 Year Lease
Great Financials
Residential Flats
Fully Refurbished
Prime Location
AgentLocal are delighted to present this exceptional fully refurbished restaurant and established brand opportunity, ideally positioned in a busy London location with strong footfall and immediate trading capability. This is a rare opportunity to acquire not just a hospitality site, but a recognised and growing brand complete with trademark and strong social media presence, offering both immediate income and future scalability.
This is an outstanding premises offered with a secure 20-year lease, benefiting from a substantial premium fit-out with hundreds of thousands invested into a full high-spec refurbishment. The unit presents in exceptional condition throughout and is ready for immediate operation. Having only traded for less than a year, the business remains in its early growth phase, providing significant upside for a new owner. The business is being offered for sale due to partner differences, presenting a genuine opportunity to acquire a high-quality, recently developed site at a fraction of its setup cost.
The brand itself has been professionally developed and includes a registered trademark and an established, growing social media following. This provides immediate credibility and also creates an opportunity for future expansion, including franchising the concept into multiple locations. Alternatively, the premises offers full flexibility for a new owner to introduce their own brand, with everything already in place to operate immediately without further capital expenditure.
The business has undergone an extensive refurbishment with approximately £400,000 invested into the premises, creating a modern dining environment suitable for both sit-in and takeaway trade. The unit extends to approximately 200 square metres with seating for over 60 customers, alongside a fully fitted commercial kitchen and additional basement storage.
The business currently generates a turnover of approximately £230,000 per annum and benefits from established delivery platforms including Deliveroo and Just Eat. The premises holds a full alcohol licence and is secured on a 20-year lease.
A major benefit of this opportunity is the inclusion of two 2-bedroom residential apartments located above the commercial premises. These flats generate a combined rental income of approximately £44,400 per annum against a total building rent of £55,000, resulting in a net commercial rent of just £10,600 per annum.
The business is offered for sale at an asking price of £385,000, with offers invited from £350,000. Full confidential Sale and all enquiries and viewings to go through Agent Local.
This is an outstanding premises offered with a secure 20-year lease, benefiting from a substantial premium fit-out with hundreds of thousands invested into a full high-spec refurbishment. The unit presents in exceptional condition throughout and is ready for immediate operation. Having only traded for less than a year, the business remains in its early growth phase, providing significant upside for a new owner. The business is being offered for sale due to partner differences, presenting a genuine opportunity to acquire a high-quality, recently developed site at a fraction of its setup cost.
The brand itself has been professionally developed and includes a registered trademark and an established, growing social media following. This provides immediate credibility and also creates an opportunity for future expansion, including franchising the concept into multiple locations. Alternatively, the premises offers full flexibility for a new owner to introduce their own brand, with everything already in place to operate immediately without further capital expenditure.
The business has undergone an extensive refurbishment with approximately £400,000 invested into the premises, creating a modern dining environment suitable for both sit-in and takeaway trade. The unit extends to approximately 200 square metres with seating for over 60 customers, alongside a fully fitted commercial kitchen and additional basement storage.
The business currently generates a turnover of approximately £230,000 per annum and benefits from established delivery platforms including Deliveroo and Just Eat. The premises holds a full alcohol licence and is secured on a 20-year lease.
A major benefit of this opportunity is the inclusion of two 2-bedroom residential apartments located above the commercial premises. These flats generate a combined rental income of approximately £44,400 per annum against a total building rent of £55,000, resulting in a net commercial rent of just £10,600 per annum.
The business is offered for sale at an asking price of £385,000, with offers invited from £350,000. Full confidential Sale and all enquiries and viewings to go through Agent Local.
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Monthly repayment
£1,925 per month
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